Finovate Demo Video Archives

Free archive of every demo presented at Finovate since 2007

FinovateFall 2018 / CrediVia

Presenter Profile:

How they describe themselves: CrediVia is an online marketplace for smarter, simpler, faster commercial real estate loans. The company was formed by lenders and borrowers hoping to eliminate the broken, impersonal financing process that results in strained lender-borrower relationships and delayed funding. CrediVia, meaning The Way to Credit, provides a dynamic platform for interested lenders to connect with qualified borrowers. Its marketplace matches each loan request to multiple viable lender options, placed with intent and based on criteria certain to take the deal to closing. CrediVia is borrowers’ return source for financing and lenders’ reliable source for leads specific to their lending requirements.

How they describe their product/innovation: CrediVia’s cloud-based platform centralizes all borrower data and digitizes lenders’ application workflow. Borrowers enter application data once and the platform safely stores confidential data and documents essential to a loan’s application, underwriting and approval. Borrowers are connected with a host of interested lenders looking for deals on the marketplace, and lenders receive a complete loan package from qualified borrowers, expediting decisioning and loan approvals. Borrowers are better prepared to negotiate with data that is complete and lender-ready. And, as a result, the number of unnecessary subsequent iterations between borrower and lender will decrease.

HQ: Raleigh, NCFounded: September 2018Product Demoed: CrediViaMetrics: Launched on September 5, CrediVia is a privately owned, self-funded LLC with fewer than 10 employees. The company has been busy building its lending network to prepare its marketplace to open to borrowers in August 2018.Presenters: Anuj N. Mittal, CEO & Co-Founder | Dr. Ajay Jain, Chief Product Officer & Co-Founder

Asian American Hotel Owners Association (AAHOA), the largest association of hotel owners in the world, American Hotel and Lodging Association (AH&LA), IHG Owners Association, Marriott, Choice, Best Western and Hilton

Key Customers

ediVia is in active conversations with a number of lenders to join the marketplace. CrediVia plans to have at least 300 lenders on its platform by the end of 2019.